Archive for March 3rd, 2009

3rd March
2009
written by Michael LaPeter

San Francisco Real Estate for the week of 2-27-2009:

The median condominium price in SAN FRANCISCO this week is $657,634. The 1044 condos have been on the market for an average of 95 days. The 1044 condos have been on the market for an average of 95 days.
Median List Price  $ 657,634

Average List Price:  $ 810,420

Least Expensive Listing: $150,000

Most Expensive Listing: $15,000,000

Asking Price per Square Foot: $634

Average Days on Market: 95

Total Inventory: 1044  

Absorbed This Week: 66

Percent of Properties with Price Reductions: 42%

Percent Relisted (reset DOM): 15%

Percent Flip (price increased): 2%

Median Size (sq ft): 1,107  

Median Number of Bedrooms: 2

Median Number of Bathrooms: 1.5

Median Age: 52

Note: Data is deemed reliable but not guaranteed.  I suggest reviewing multiple sources of data and discussing with a local, licensed professional. If you are looking for professional representation, I would be happy to provide a complimentary phone consultation so you can learn more about the services I offer.